Country risk in China and ASEAN countries
First written in FY2019. 4 of 7 entries say "Restated". Latest entry: FY2025.
Tanabe Engineering moved to the "Worse" side of this theme in 2025, 4 years after the typical company in this theme (2021).
The whole theme swung hardest in 2025: 50 of 96 companies on the "Worse" side.
5 other companies' latest entry also says "Reframed".
- FY2025ReframedAnnual report
「The Group has overseas consolidated subsidiaries in ASEAN countries and is exposed to the risk that changes in political, economic and social conditions and changes in legal regulations in those countries could make it difficult to continue operations.」
Following the liquidation of the Chinese subsidiary, the countries covered by country risk have been reorganized from a description including China to one focused mainly on ASEAN countries. - FY2022RestatedAnnual report
「The Group has overseas consolidated subsidiaries in China and ASEAN countries and is exposed to the risk that changes in political, economic and social conditions and changes in legal regulations in those countries could make it difficult to continue operations.」
The Group has reconfirmed the risk of continuing overseas operations due to political, economic and social conditions and changes in laws and regulations in China and ASEAN countries, as well as its management of that risk through information gathering from experts and business partners and coordination among relevant departments. - FY2021RestatedAnnual report
「The Group has overseas consolidated subsidiaries in China and ASEAN countries and is exposed to the risk that changes in political, economic and social conditions and changes in legal regulations in those countries could make it difficult to continue operations.」
The Group has reconfirmed the risk of continuing overseas operations due to political, economic and social conditions and changes in laws and regulations in China and ASEAN countries, as well as its management of that risk through information gathering and coordination among relevant departments. - FY2021-Q3RestatedAnnual report
「At some overseas subsidiaries, lockdowns and movement restrictions resulting from COVID-19 caused events such as lower operating rates at factories and other facilities.」
With respect to the risk of business interruption due to social conditions and regulations in countries where overseas subsidiaries are located, lower factory operating rates resulting from lockdowns and movement restrictions continue to occur. - FY2021-Q2RestatedAnnual report
「At some overseas subsidiaries, lockdowns and travel restrictions related to COVID-19 caused lower plant operating rates and slower construction progress, among other effects,」
With respect to the risk of business interruption due to social conditions and regulations in countries where overseas subsidiaries are located, lower factory operating rates and slower construction progress resulting from lockdowns and movement restrictions continue to be observed. - FY2021-Q1MaterialisedAnnual report
「At some overseas subsidiaries, lockdowns and movement restrictions resulting from COVID-19 caused lower factory operating rates and delays in construction progress.」
With respect to the risk of business interruption due to social conditions and regulations in countries where overseas subsidiaries are located, lower factory operating rates and slower construction progress actually occurred as a result of lockdowns and movement restrictions. - FY2019First statedAnnual report
「The Group has overseas consolidated subsidiaries in China and ASEAN countries and is exposed to the risk that changes in political, economic and social conditions and changes in legal regulations in those countries could make it difficult to continue operations.」
For the first time, the risk of continuing overseas operations amid political, economic and social conditions and changes in laws and regulations in China and ASEAN countries has been disclosed as a standalone risk item.